Devon Energy Corporation – Consensus Indicates Potential 33.0% Upside

Broker Ratings

Devon Energy Corporation found using ticker (DVN) have now 28 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 96 and 59 calculating the average target price we see 74.08. Now with the previous closing price of 55.72 this would indicate that there is a potential upside of 33.0%. The 50 day MA is 61.77 and the 200 moving average now moves to 65.17. The company has a market cap of $34,878m. Company Website:

The potential market cap would be $46,370m based on the market concensus.

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Devon Energy Corporation, an independent energy company, explores for, develops, and produces oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Anadarko, Williston, Eagle Ford, and Powder River Basin. The company was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.

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